The Challenges and Opportunities Created by the Pandemic

December 3 2020 by WWD Staff

The first day of the WWD Virtual Apparel and Retail CEO Summit saw industry leaders discuss topics from consumer taste to diversity, the future of brick-and-mortar and sustainability.

Pivoting during the pandemic; adapting to the changing consumer; the challenges of developing a truly diverse fashion industry, and the future of brick-and-mortar were among the key themes of the first day of the WWD Virtual Apparel and Retail CEO Summit on Wednesday.

Here are other key points made during the first day’s sessions:

• “The concept of not having visibility and decreasing variability represents an enormous challenge for many companies and many executives,” said Greg Petro, ceo of First Insight.

• “COVID-19 has really shined the light on the importance of a stronger balance sheet,” said Jonathan Duskin, ceo of Macellum Capital Management.

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